GOLD PRICE IN JAPANESE YEN — FEBRUARY 28, 2017
💱 XAU/JPY · Tuesday, February 28, 2017
On Tuesday, February 28, 2017, the gold spot price was C$1,651.79 per troy ounce in Canadian Dollars, equivalent to ¥172,281.70 JPY per ounce or ¥5,538.98 JPY per gram. Gold rose +0.13% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — FEBRUARY 28, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,651.79 | C$53.11 | C$53,106.20 |
| JPY | ¥172,281.70 | ¥5,538.98 | ¥5,538,977.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,653.11 | ¥172,419.37 |
| High | C$1,657.99 | ¥172,928.36 |
| Low | C$1,644.67 | ¥171,539.08 |
| Close | C$1,651.79 | ¥172,281.70 |